Word: delta
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...team, which shot a 33--six under par--was composed of four members of the co-ed Delta Gamma social club. They plan to donate their winnings to the Sight Conservation/Aid to the Blind, according to B.U. senior Kate P. Edelbaum...
...million to buy a 44% ownership of Pittsburgh-based USAir. The transatlantic partnership would rank as one of the three biggest airlines in the world, linking 339 destinations in 71 countries. That powerful combination has prompted a vigorous protest from the Big Three U.S. carriers -- American, United and Delta -- which hope to discourage the government from approving the deal. Said American chairman Robert Crandall: "What will happen is that the good jobs will go to London, and the baggage handlers will stay here...
...deal goes through, the competitors with the most to lose would be American, Delta and United. The three sky kings have won the hard-fought deregulation war in the U.S., increasing their combined domestic market share from 38% a decade ago to 60% today and vaulting to the top ranks of global carriers. Their combined share of transatlantic travel, just 3% a decade ago, is now 69%. Each of the three top U.S. airlines carried more passengers last year than the entire European commercial-airline fleet combined...
...much the British will be willing to relax their barriers to U.S. airlines in return for approval of the USAir deal. "To just open up the American airline market, the largest in the world, without extracting any return whatever would be crazy," asserts Neil Monroe, chief spokesman for Delta. The manner in which the question is handled is viewed as a test of U.S. toughness on free trade. The precedent created in the talks with the British may be critical in negotiations later with Germany, France and other nations. Members of the European Community, alarmed by the overwhelming strength...
Even the Big Three U.S. airlines protesting the British Airways-USAir deal are making connections of their own. Delta has quietly aligned itself with Singapore Airlines and Swissair, each of which own 5% of the Atlanta carrier's stock. American has held talks with Canadian Airlines International. The Airline Monitor's Greenslet expects six or eight key global alliances to take shape before the end of the decade...